Monday, 20 October 2014
Last updated 2 days ago
Mar 17 2011 | 1:15pm ET
The Ohio School Employees Retirement System will launch its search for a hedge fund consultant in the spring, the public pension said.
The $10.3 billion system earlier this month extended the contract of current consultant Aksia through the end of the year. That arrangement was to expire in August of last year, but SERS has extended it, saying it did not want to run two consultant searches simultaneously.
But the pension is nearing the end of its general consultant search, which began in November; a choice is expected at the end of April. That means that the hedge fund consultant search can get under way later this spring, Pensions & Investments reports.
Aksia will be permitted to bid to stay on; the new search is mandated by pension rules that call for contracts to be put up for bidding every five years.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...